News - FSA Compliance

Legal & General stresses importance of RDR compliance

08 September 2010 at 15:33

Legal & General has outlined the importance of complying with upcoming Retail Distribution Review (RDR), when it comes into force in late 2012.  Read more

Global bonds sales soar

07 September 2010 at 15:25

New figures from the Investment Management Association (IMA) have revealed that global bond sales have reached an all-time high, with net retail sales for July standing at £2.2 billion.  Read more

Mortgage advisers 'must be prepared' for interest rate decision

07 September 2010 at 15:24

Mortgage advisers need to ensure they are ready for any changes to the Bank of England's base interest rate after the Monetary Policy Committee meets this Thursday (September 9th).  Read more

Longevity risk management 'of paramount importance'

06 September 2010 at 15:49

Longevity risk is a "significant challenge" which needs to be tackled, one sector organisation has observed.  Read more

Research: High dividend equities provide good yields

06 September 2010 at 15:47

High yield bonds and high dividend equities could provide good returns in the current climate, according to new research.  Read more

Can discretionaries avoid RDR 'grey area'?

06 September 2010 at 15:46

Some discretionaries may find it very difficult to guarantee that clients will not receive investment advice at some point in the future, but it is still possible, one expert has observed.  Read more

External liabilities of monetary financial institutions fall

03 September 2010 at 16:03

The external business of monetary financial institutions operating in the UK fell in the second quarter of 2010, according to the Bank of England.  Read more

Broker banned for 'persistent misuse' of client money

03 September 2010 at 16:02

An insurance broker has received a lifetime ban from the financial services industry after an investigation found that he had "persistently" misused client money.  Read more

FSA compliance failing leads to fine

02 September 2010 at 15:50

Advice organisation Moneywise IFA Limited has been fined for failing to have sufficiently robust Financial Services Authority (FSA) compliance arrangements in place.  Read more

Commercial lending to SMEs rises by 17%

01 September 2010 at 15:12

Overall commercial lending to small to medium-sized enterprises (SMEs) has risen by 17 per cent year-on-year, according to the latest report.  Read more